International

Wednesday, September 5th 2018 - 07:55 UTC
Falklands 2017/18 budget had an operating surplus of £38 million

The Falkland Islands Government operating surplus of £38 million for 2017/18 was driven primarily by favourable Corporation Tax receipts. The original budgeted deficit in my view led the former Legislative Assembly to be over cautious in their demands leading to unnecessary thrift in some areas, according to MLA Roger Spink, who is head of the Government Services Portfolio of the Assembly.
Wednesday, September 5th 2018 - 07:30 UTC
Argentina/IMF discussions continue this Wednesday; strong support from Trump

Argentina “made progress” on Tuesday in talks with the International Monetary Fund aimed at securing an accelerated disbursement of a US$50 billion loan it hopes will calm its debilitating economic crisis.
Tuesday, September 4th 2018 - 08:41 UTC
Brazil's Real and Argentina's Peso slumped on Monday

The Brazilian Real slumped on Monday as mounting concerns over this year's presidential election added to global risk aversion, while the Argentine peso extended a recent sell-off that also spread into stock markets in Latin America.
Tuesday, September 4th 2018 - 08:34 UTC
Falklands' penguins at risk from Brexit and an end to EU conservation funding

The Falkland Islands have warned that a million penguins are at risk from a funding black hole caused by Britain’s exit from the European Union. The Islands rely on European conservation projects to care and protect the penguin colonies, rookeries, in its shores. But with the U.K. fast approaching Brexit Day in March 2019, Falklands' lawmaker Teslyn Barkman has urged clarity on the future of Islands’ flippered friends.
Tuesday, September 4th 2018 - 06:58 UTC
Brexit debate: PM May “on a narrow path with people chucking stones from both sides”

British Prime Minister Theresa May's brief summer holiday from Brexit battles came to a noisy end Monday, as she faced attack from both sides of her divided Conservative Party. Archrival Boris Johnson inflamed speculation that he aims to oust May by branding her plan for Brexit “a disaster”.
Monday, September 3rd 2018 - 09:20 UTC
EU and UK clash openly over Theresa May's Chequers plan

The EU's chief Brexit negotiator Michel Barnier has said he is “strongly” opposed to key parts of Theresa May's proposals for a future trade deal. On Sunday morning the prime minister said she would not compromise on the UK government's Chequers plan.
Monday, September 3rd 2018 - 09:10 UTC
Upset Hindus urge Chilean brewery to withdraw goddess Kali beer & apologize

Upset Hindus are urging Chile's based Cerveza Bundor craft brewery to apologize and retire its “Kali IPA” beer carrying the re-imagined image of Hindu goddess Kali; calling it highly inappropriate.
Saturday, September 1st 2018 - 08:00 UTC
Mercosur expecting a “move” from the EU at this month's negotiations in Montevideo

Brazil's Foreign Minister Aloysio Nunes said he expects more “movement” from the European Union as long running talks on a free trade deal with his South American bloc Mercosur head into the home stretch.
Saturday, September 1st 2018 - 07:46 UTC
IMF strong support helps stabilize Argentine Peso; Macri preparing new economic package

Argentina’s beleaguered peso stabilized on Friday as the central bank said it would auction a large amount of dollar reserves, and the International Monetary Fund (IMF) issued a strong statement of support for President Mauricio Macri’s government.
Saturday, September 1st 2018 - 07:03 UTC
UK Pavilion at Uruguay's main agro show; Falklands with a promotion stand

The British Embassy will be part of Uruguay’s most important agricultural event, focused on business, culture, education, food and entertainment, as well as promoting the Falkland Islands. For the fifth consecutive year, the British Embassy in Montevideo takes part in Expo Prado, with a renewed pavilion that invites visitors to explore London’s Underground.